Score
Bein Markets
Cyprus|5-10 years| https://beinmarkets.eu/
Website
Rating Index
Contact
Licenses
Single Core
1G
40G
Contact number
+357 25254422
Other ways of contact
Broker Information
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Leverate Financial Services Ltd
Bein Markets
Cyprus
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
- The CyprusCYSEC regulation (license number: 160/11) claimed by this broker is suspected to be clone. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Cyprus| Benchmark | -- |
|---|---|
| Maximum Leverage | Up to 1:30 / for professional traders Leverage – Up to 1:400 |
| Minimum Deposit | € / $ / £ 50,000 |
| Minimum Spread | Variable – Starting from 0.5 pips |
| Products | Currencies, Commodities, Indices, Shares, Cryptocurrencies |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | Only on US & EU Shares: 0.35% per deal |
| Benchmark | -- |
|---|---|
| Maximum Leverage | Up to 1:30 / for professional traders Leverage – Up to 1:400 |
| Minimum Deposit | € / $ / £ 250 |
| Minimum Spread | Variable – Starting from 0.5 pips |
| Products | Currencies, Commodities, Indices, Shares, Cryptocurrencies |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | Only on US & EU Shares: 2% per deal |
| Benchmark | -- |
|---|---|
| Maximum Leverage | Up to 1:30 / for professional traders Leverage – Up to 1:400 |
| Minimum Deposit | € / $ / £ 10,000 |
| Minimum Spread | Variable – Starting from 0.5 pips |
| Products | Currencies, Commodities, Indices, Shares, Cryptocurrencies |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | Only on US & EU Shares: 0.4% per deal |
| Benchmark | -- |
|---|---|
| Maximum Leverage | Up to 1:30 / for professional traders Leverage – Up to 1:400 |
| Minimum Deposit | € / $ / £ 250 |
| Minimum Spread | Variable – Starting from 0.9 pips |
| Products | Currencies, Commodities, Indices, Shares, Cryptocurrencies |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | Only on US & EU Shares: 0.5% per deal |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Bein Markets · Company Summary
Note: Bein Markets' official website: https://beinmarkets.eu/ is currently inaccessible normally.
| Bein MarketsReview Summary | |
| Founded | / |
| Registered Country/Region | Cyprus |
| Regulation | CySEC (Revoked) |
| Market Instruments | Forex, indices, precious metals, stocks, and energy |
| Demo Account | / |
| Leverage | Up to 1:30 |
| Spread | From 0.9 pips (Standard account) |
| Trading Platform | Sirix Web Trader, MT4 trading platform, and Sirix Mobile |
| Min Deposit | $250 |
| Customer Support | Phone: +357 25254422 |
| Email: support@beinmarkets.eu | |
| Address: 4th Floor, Office 401, Zavos City Centre, 88 Agias Fylaxeos Street, 3025 Limassol, Cyprus, Zavos City Center, 4th Floor 88 Agias Fylaxeos Street 3025 Limassol Cyprus | |
Bein Markets, headquartered in Cyprus, operates without regulation. Bein Markets offers various market instruments like forex currency pairs, indices, precious metals, stocks, and energy trading.
Pros and Cons
| Pros | Cons |
| Tight spreads | Inaccessible website |
| Various trading assets | High minimum deposit |
| High commissions charged | |
| Not regulated |
Is Bein Markets Legit?
Bein Markets's regulation is revoked. It means that Bein Markets doesn't need to obey the rules and traders should be cautious when trading.
What Can I Trade on Bein Markets?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Currency pairs | ✔ |
| Indices | ✔ |
| Precious metals | ✔ |
| Stocks | ✔ |
| Energies | ✔ |
| Options | ❌ |
Account Type
Bein Markets offers four account types: Standard, Gold, Platinum, and Islamic.
| Account Type | Minimum deposit |
| Standard | $250 |
| Islamic | $250 |
| Gold | $10000 |
| Platinum | $25000 |
Leverage
Bein Markets provides leverage up to 1:30. Higher leverage always comes with high profits and high losses.
Spreads and Commissions
The spread of Bein Markets is variable, starting from 0.5 pips for Platinum, Gold, and Islamic accounts, and Standard account starts from 0.9 pips.
For only on US & EU Shares, the commission of Standard account is 0.5% per deal, Gold account is 0.4% per trade, Platinum account is 0.35% per trade, and Islamic account is 2% per trade.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Sirix Web Trader | ✔ | Web | Experienced traders |
| MT4 | ✔ | Desktop, Mobile and Web | Beginners |
| Sirix Mobile | ✔ | Apple and Android devices | Experienced traders |
Deposit and Withdrawal
Bein Markets can deposit and withdraw through wire transfer, VISA, MasterCard credit and debit cards, and e-wallets.
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